공시 • Mar 13
oRo Co., Ltd. (TSE:3983) announces an Equity Buyback for 650,000 shares, representing 4.17% for ¥1,000 million. oRo Co., Ltd. (TSE:3983) announces a share repurchase program. Under the program, the company will repurchase up to 650,000 shares, representing 4.17% of its issued share capital (excluding treasury stock) for ¥1,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency. The company intends to cancel all treasury shares purchased in this acquisition. The program will be valid till September 30, 2026. As of February 28, 2026, the company had 15,583,990 shares outstanding and 365,063 shares in treasury. Reported Earnings • Feb 16
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: JP¥120 (down from JP¥129 in FY 2024). Revenue: JP¥8.31b (up 5.2% from FY 2024). Net income: JP¥1.90b (down 8.5% from FY 2024). Profit margin: 23% (down from 26% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 9.8% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year. 공시 • Feb 13
oRo Co., Ltd., Annual General Meeting, Mar 24, 2026 oRo Co., Ltd., Annual General Meeting, Mar 24, 2026. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 29 December 2025. Payment date: 27 March 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.2%). Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: JP¥30.63 (vs JP¥23.89 in 3Q 2024) Third quarter 2025 results: EPS: JP¥30.63 (up from JP¥23.89 in 3Q 2024). Revenue: JP¥2.10b (up 6.0% from 3Q 2024). Net income: JP¥480.0m (up 25% from 3Q 2024). Profit margin: 23% (up from 19% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. 공시 • Nov 15
oRo Co., Ltd. to Report Fiscal Year 2025 Results on Feb 13, 2026 oRo Co., Ltd. announced that they will report fiscal year 2025 results on Feb 13, 2026 Declared Dividend • Aug 16
Dividend increased to JP¥50.00 Dividend of JP¥50.00 is 43% higher than last year. Ex-date: 29th December 2025 Payment date: 27th March 2026 Dividend yield will be 1.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (31% earnings payout ratio) and cash flows (40% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 107% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: JP¥21.69 (vs JP¥29.32 in 2Q 2024) Second quarter 2025 results: EPS: JP¥21.69 (down from JP¥29.32 in 2Q 2024). Revenue: JP¥1.91b (flat on 2Q 2024). Net income: JP¥344.7m (down 27% from 2Q 2024). Profit margin: 18% (down from 25% in 2Q 2024). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Aug 14
oRo Co., Ltd. to Report Q3, 2025 Results on Nov 14, 2025 oRo Co., Ltd. announced that they will report Q3, 2025 results on Nov 14, 2025 Reported Earnings • May 19
First quarter 2025 earnings released: EPS: JP¥25.64 (vs JP¥32.31 in 1Q 2024) First quarter 2025 results: EPS: JP¥25.64 (down from JP¥32.31 in 1Q 2024). Revenue: JP¥1.98b (up 3.1% from 1Q 2024). Net income: JP¥409.0m (down 22% from 1Q 2024). Profit margin: 21% (down from 27% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 14% per year. 공시 • May 16
oRo Co., Ltd. (TSE:3983) announces an Equity Buyback for 500,000 shares, representing 3.14% for ¥1,000 million. oRo Co., Ltd. (TSE:3983) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 3.14% of its issued share capital (excluding treasury stock) for ¥1,000 million. The purpose of the program is to strengthen shareholder returns and improve capital efficiency. The company intends to cancel all treasury shares purchased in this acquisition. The program will be valid till November 30, 2025. As of April 30, 2025, the company had 15,925,548 shares outstanding and 23,505 shares in treasury. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥2,818, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 18x in the IT industry in Japan. Total returns to shareholders of 58% over the past three years. Buy Or Sell Opportunity • May 15
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 7.5% to JP¥2,818. The fair value is estimated to be JP¥2,255, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. 공시 • May 14
oRo Co., Ltd. to Report Q2, 2025 Results on Aug 14, 2025 oRo Co., Ltd. announced that they will report Q2, 2025 results on Aug 14, 2025 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to JP¥2,067, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the IT industry in Japan. Total returns to shareholders of 1.3% over the past three years. Reported Earnings • Mar 28
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥129 (up from JP¥114 in FY 2023). Revenue: JP¥7.90b (up 12% from FY 2023). Net income: JP¥2.07b (up 13% from FY 2023). Profit margin: 26% (in line with FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 3.8%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 16
Full year 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2024 results: EPS: JP¥129 (up from JP¥114 in FY 2023). Revenue: JP¥7.90b (up 12% from FY 2023). Net income: JP¥2.07b (up 13% from FY 2023). Profit margin: 26% (in line with FY 2023). Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) exceeded analyst estimates by 3.8%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 5.5% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 20
Upcoming dividend of JP¥35.00 per share Eligible shareholders must have bought the stock before 27 December 2024. Payment date: 26 March 2025. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.4%). Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: JP¥23.89 (vs JP¥31.56 in 3Q 2023) Third quarter 2024 results: EPS: JP¥23.89 (down from JP¥31.56 in 3Q 2023). Revenue: JP¥1.98b (up 5.7% from 3Q 2023). Net income: JP¥385.4m (down 24% from 3Q 2023). Profit margin: 19% (down from 27% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. New Risk • Nov 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Oct 02
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.4% to JP¥2,370. The fair value is estimated to be JP¥3,052, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. Buy Or Sell Opportunity • Sep 11
Now 22% undervalued The stock has been flat over the last 90 days, currently trading at JP¥2,419. The fair value is estimated to be JP¥3,083, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 35% in 2 years. Earnings are forecast to grow by 29% in the next 2 years. 공시 • Aug 27
oRo Co., Ltd. to Report Q3, 2024 Results on Nov 14, 2024 oRo Co., Ltd. announced that they will report Q3, 2024 results on Nov 14, 2024 Reported Earnings • Aug 19
Second quarter 2024 earnings released: EPS: JP¥29.38 (vs JP¥27.91 in 2Q 2023) Second quarter 2024 results: EPS: JP¥29.38 (up from JP¥27.91 in 2Q 2023). Revenue: JP¥1.90b (up 12% from 2Q 2023). Net income: JP¥474.0m (up 5.3% from 2Q 2023). Profit margin: 25% (down from 27% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Declared Dividend • Aug 16
Dividend of JP¥30.00 announced Dividend of JP¥30.00 is the same as last year. Ex-date: 27th December 2024 Payment date: 26th March 2025 Dividend yield will be 1.3%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (25% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 22% per year over the past 7 years and payments have been stable during that time. EPS is expected to grow by 46% over the next 3 years, which should provide support to the dividend and adequate earnings cover. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to JP¥2,004, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 46% over the past three years. Board Change • Jun 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Senior Managing Executive Officer, GM of Corporate Headquarters & Director Yasuhisa Hino is the most experienced director on the board, commencing their role in 1999. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Buy Or Sell Opportunity • May 24
Now 21% undervalued Over the last 90 days, the stock has risen 9.1% to JP¥2,804. The fair value is estimated to be JP¥3,570, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 14%. Revenue is forecast to grow by 34% in 2 years. Earnings are forecast to grow by 26% in the next 2 years. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: JP¥32.31 (vs JP¥25.19 in 1Q 2023) First quarter 2024 results: EPS: JP¥32.31 (up from JP¥25.19 in 1Q 2023). Revenue: JP¥1.92b (up 21% from 1Q 2023). Net income: JP¥521.0m (up 28% from 1Q 2023). Profit margin: 27% (up from 26% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공시 • May 15
oRo Co., Ltd. to Report Q2, 2024 Results on Aug 14, 2024 oRo Co., Ltd. announced that they will report Q2, 2024 results on Aug 14, 2024 Reported Earnings • Mar 28
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥114 (up from JP¥101 in FY 2022). Revenue: JP¥7.03b (up 13% from FY 2022). Net income: JP¥1.84b (up 13% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 16
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: JP¥114 (up from JP¥101 in FY 2022). Revenue: JP¥7.03b (up 13% from FY 2022). Net income: JP¥1.84b (up 13% from FY 2022). Profit margin: 26% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Buying Opportunity • Dec 22
Now 20% undervalued Over the last 90 days, the stock is up 37%. The fair value is estimated to be JP¥3,366, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥30.00 per share at 1.1% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 27 March 2024. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of Japanese dividend payers (3.5%). Lower than average of industry peers (1.5%). Reported Earnings • Nov 18
Third quarter 2023 earnings released: EPS: JP¥31.57 (vs JP¥27.24 in 3Q 2022) Third quarter 2023 results: EPS: JP¥31.57 (up from JP¥27.24 in 3Q 2022). Revenue: JP¥1.88b (up 17% from 3Q 2022). Net income: JP¥509.0m (up 16% from 3Q 2022). Profit margin: 27% (in line with 3Q 2022). Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. 공시 • Nov 15
oRo Co., Ltd. to Report Fiscal Year 2023 Results on Feb 14, 2024 oRo Co., Ltd. announced that they will report fiscal year 2023 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Nov 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,460, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 22% over the past three years. 공시 • Aug 27
oRo Co., Ltd. to Report Q3, 2023 Results on Nov 14, 2023 oRo Co., Ltd. announced that they will report Q3, 2023 results on Nov 14, 2023 Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,045, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the IT industry in Japan. Total loss to shareholders of 34% over the past three years. Reported Earnings • Aug 16
Second quarter 2023 earnings released: EPS: JP¥27.97 (vs JP¥20.85 in 2Q 2022) Second quarter 2023 results: EPS: JP¥27.97 (up from JP¥20.85 in 2Q 2022). Revenue: JP¥1.69b (up 16% from 2Q 2022). Net income: JP¥451.0m (up 34% from 2Q 2022). Profit margin: 27% (up from 23% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. 공시 • May 28
oRo Co., Ltd. to Report Q2, 2023 Results on Aug 14, 2023 oRo Co., Ltd. announced that they will report Q2, 2023 results on Aug 14, 2023 Reported Earnings • May 21
First quarter 2023 earnings released: EPS: JP¥25.19 (vs JP¥21.60 in 1Q 2022) First quarter 2023 results: EPS: JP¥25.19 (up from JP¥21.60 in 1Q 2022). Revenue: JP¥1.59b (up 14% from 1Q 2022). Net income: JP¥406.0m (up 17% from 1Q 2022). Profit margin: 26% (in line with 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 31
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥101 (up from JP¥87.95 in FY 2021). Revenue: JP¥6.21b (up 12% from FY 2021). Net income: JP¥1.62b (up 14% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.3% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 17
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: JP¥101 (up from JP¥87.95 in FY 2021). Revenue: JP¥6.21b (up 12% from FY 2021). Net income: JP¥1.62b (up 14% from FY 2021). Profit margin: 26% (in line with FY 2021). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 7.1%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥15.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 28 March 2023. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Japanese dividend payers (3.8%). Lower than average of industry peers (1.7%). 공시 • Dec 08
oRo Co., Ltd. to Report Fiscal Year 2022 Results on Feb 14, 2023 oRo Co., Ltd. announced that they will report fiscal year 2022 results on Feb 14, 2023 Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 15% share price gain to JP¥1,930, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥1,813 per share. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥27.24 (vs JP¥20.55 in 3Q 2021) Third quarter 2022 results: EPS: JP¥27.24 (up from JP¥20.55 in 3Q 2021). Revenue: JP¥1.60b (up 18% from 3Q 2021). Net income: JP¥439.0m (up 33% from 3Q 2021). Profit margin: 27% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to JP¥4,100 Down from JP¥4,900, the current price target is provided by 1 analyst. New target price is 138% above last closing price of JP¥1,721. Stock is down 57% over the past year. The company is forecast to post earnings per share of JP¥94.06 for next year compared to JP¥87.95 last year. 공시 • Nov 15
oRo Co., Ltd. Provides Consolidated Earnings Guidance for the Full Year Ending December 31, 2022 oRo Co., Ltd. provided consolidated earnings guidance for the full year ending December 31, 2022. For the period, the company expects revenue to be JPY 6,180 million, operating profit to be JPY 2,050 million, profit to be JPY 1,435 million, profit attributable to owners of parent to be JPY 1,435 million and earnings per share to be JPY 89.07. Buying Opportunity • Oct 13
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be JP¥1,807, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 17% in the next 2 years. Buying Opportunity • Sep 07
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be JP¥1,992, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 9.6% in the next 2 years. 공시 • Aug 28
oRo Co., Ltd. to Report Q3, 2022 Results on Nov 14, 2022 oRo Co., Ltd. announced that they will report Q3, 2022 results on Nov 14, 2022 Buying Opportunity • Aug 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be JP¥1,984, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.1% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 28% in 2 years. Earnings is forecast to grow by 9.6% in the next 2 years. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: JP¥20.88 (vs JP¥17.13 in 2Q 2021) Second quarter 2022 results: EPS: JP¥20.88 (up from JP¥17.13 in 2Q 2021). Revenue: JP¥1.47b (up 12% from 2Q 2021). Net income: JP¥336.5m (up 22% from 2Q 2021). Profit margin: 23% (up from 21% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 16%, compared to a 12% growth forecast for the IT industry in Japan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improved over the past week After last week's 17% share price gain to JP¥1,733, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 18x in the IT industry in Japan. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,269 per share. 공시 • May 29
oRo Co., Ltd. to Report Q2, 2022 Results on Aug 15, 2022 oRo Co., Ltd. announced that they will report Q2, 2022 results on Aug 15, 2022 Buying Opportunity • May 27
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be JP¥2,274, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.0% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 39% in 2 years. Earnings is forecast to grow by 28% in the next 2 years. Reported Earnings • May 20
First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind First quarter 2022 results: EPS: JP¥21.60 (down from JP¥23.37 in 1Q 2021). Revenue: JP¥1.39b (flat on 1Q 2021). Net income: JP¥348.0m (down 9.4% from 1Q 2021). Profit margin: 25% (down from 27% in 1Q 2021). Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 28%, compared to a 8.3% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Buying Opportunity • May 12
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 29%. The fair value is estimated to be JP¥2,233, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 24%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 7.1% per annum over the same time period. Price Target Changed • Apr 27
Price target decreased to JP¥4,100 Down from JP¥4,900, the current price target is an average from 2 analysts. New target price is 102% above last closing price of JP¥2,025. Stock is down 45% over the past year. The company is forecast to post earnings per share of JP¥95.03 for next year compared to JP¥87.95 last year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 1 independent director (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Apr 06
oRo Co., Ltd. to Report Q1, 2022 Results on May 16, 2022 oRo Co., Ltd. announced that they will report Q1, 2022 results on May 16, 2022 Reported Earnings • Apr 02
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: EPS: JP¥92.08 (up from JP¥71.19 in FY 2020). Revenue: JP¥5.76b (up 10.0% from FY 2020). Net income: JP¥1.49b (up 26% from FY 2020). Profit margin: 26% (up from 23% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 13%, compared to a 7.9% growth forecast for the industry in Japan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. 공시 • Mar 30
oRo Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024 oRo Co., Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects revenue of JPY 8,757 million and operating profit of JPY 2,486 million. 공시 • Mar 29
oRo Co., Ltd. Provides Dividend Guidance for the Fiscal Year Ending December 31, 2022 oRo Co., Ltd. provided dividend guidance for the fiscal year ending December 31, 2022. For the period, the company expects to pay dividend of JPY 15.00.